Penny Stocks: Why did these penny stocks including Bombay Talkies soar today? – these penny stocks are locked in upper circuit today, see full list here

Penny Stocks: Why did these penny stocks including Bombay Talkies soar today?  – these penny stocks are locked in upper circuit today, see full list here

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Mumbai: Global signs are not encouraging. Due to this, the volatility in Indian indices has increased. Today at 10:00 AM, the NSE Nifty 50 index fell 0.11% and is currently trading at 18,245 levels. Whereas, the S&P BSE Sensex is trading at 61,685.59, down by 77 points. Nifty Midcap and Nifty Smallcap are showing slight gains. Auto and FMCG stocks are doing well, but PSU banks are still struggling.

The Dow Jones Industrial Average remained range-bound throughout the day, but finally closed at 33,561, up 56 points. In contrast, the Nasdaq 100 closed at 13,201, down 0.68% from the day’s high and yesterday’s low.

People’s interest in gold is increasing. Due to this the metal closed positively at around 0.6% yesterday. Silver was also trading positively and closed at around 0.2%. Additionally, Brent crude futures rebounded from the day’s low and eventually closed 0.8 per cent higher. In the equity segment, foreign institutional investors (FIIs) bought Rs 1942.19 crore and domestic institutional investors (DIIs) bought Rs 404.70 crore yesterday.

Looking at the Advance Decline Ratio on BSE today, 1,589 stocks gained and 1,117 stocks declined. With this, the advance-decline ratio remained in favor of the gainers. On Sensex, IndusInd Bank, Power Grid Corp and Tata Motors were top gainers. While SBI, Axis Bank and Infosys were the top losers in the market. Shares of Bliss GVS Pharma, top smallcap gainer on the BSE, jumped over 11.6%.

This article is powered by Dalal Street Investment Journal, India’s No. 1 Investment Magazine. Click here to get regular updates about Winning Stocks and Recommendations.

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